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CC RES 2006-014RESOLUTION NO. 2006-14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2005 -53, THE BUDGET APPROPRIATION FOR FY05 -06, FOR BUDGET ADJUSTMENTS TO THE CITY'S GENERAL FUND, STREET MAINTENANCE FUND, PROPOSITION C FUND, PROPOSITION A FUND, CAPITAL IMPROVEMENT PROJECTS FUND, MEASURE A CAPITAL FUND, AND WATER QUALITY FLOOD PROTECTION FUND. WHEREAS, Section 3.32 of the Rancho Palos Verdes Municipal Code provides that all expenditures in excess of budgeted allocations must be by supplemental appropriation of the City Council: and WHEREAS, on May 31, 2005, the City Council of the City of Rancho Palos Verdes adopted Resolution 2005 -53, approving a spending plan and authorizing a budget appropriation for FY05 -06: and WHEREAS, certain FY05 -06 program and /or department revenues, expenditures and transfers, as described below, are expected to deviate from the amount budgeted; and WHEREAS, the City Council desires that the FY05 -06 budget be adjusted. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the FY05 -06 budget: General Fund Adiustments: Taxes #101 -6000-318-10-00 Taxes # 101- 6000 - 312 -20 -00 Taxes # 101- 6000 - 313 -10 -00 Permits # 101- 4002 - 323 -20 -00 Taxes #101 -6000-317-XX-XX Taxes # 10 1 -6000-315-XX-XX Taxes #101- 6000 - 318 -20 -00 Interest # 101- 6000 - 361 -10 -00 Use of Property #101- 5060 - 369 -20 -00 From Other Agency #101- 6000 - 361 -10 -00 Admin Services #101- 1004- 411 -32 -00 Personnel #101- 1011- 411 -54 -00 Safety Spec Pg ms #101 -1024-421-32-00 Public Works Admin#1 01 -3001-431 -11 -00 Traffic Management #101- 3006 - 431 -32 -00 Planning #101- 4001- 441 -32 -00 Transfers In -#101-3007-391-10-00 Transfers Out #101- 6000 - 491 -91 -00 Property Transfer Tax $ 80,000 PropTax In Lieu -Sales Tax($ 60,000) Sales Tax $100,000 Building &Safety ($1609000) Franchise Tax $ 70,000 Utility Users Tax $ 70,000 Golf Tax ($ 1101000) Interest Earnings $170,000 PVIC Shop &Admissions 1$ 30,000) Vehicle License Fees $ 40,000 City Council Mtg Minutes $ 10,000 Recruiting Advertising $ 119000 Traffic Control RVS $ 10,000 Salaries $ 70,000 Consultant Engineer $ 30,000 Trails Plan $ 25,000 From Waste Reduction $ 15,000 To CDBG — Reception $ 65,979 Street Maintenance Fund Adjustments: Revenue #202 - 3003 - 334 -10 -00 Traffic Congestion Relief $ 110,000 Transfers In #202 - 3005 - 391 -10 -00 From Proposition C $100,000 PB PVDS Maint #202 - 3005 - 431 -43 -00 Pavement Repairs $100,000 Proposition C Fund Adjustment: Transfers Out #215- 3015- 491 -91 -00 To Street Maintenance $100,000 Proposition A Fund Adjustment: Maintenance #216- 3016- 431 -43 -00 PVPTA Contribution $ 3,022 CIP Fund Adjustments: State Grants #330 - 3033 - 334 -10 -00 Open Space Purchase $12,039,256 Contributions #330 - 3033 - 365 -10 -00 Open Space Purchase $ 49894,801 Transfers In #330 -3033- 391 -10 -00 From Measure A Capital $ 140,000 Land Acquisition #330 - 3033 - 461 -71 -00 Open Space Purchase $16,074,057 Transfers Out #330 - 3032 - 491 -91 -00 To WQFP — SD Lining $472,000 Development I maact M itiaation Fund Ad iustment: EET Revenue #338 - 3038 - 366 -10 -00 Developer Fees ($143,000) Measure A Capital Fund Adjustments: Local Grants #339 - 3039 -337 -10 -00 Open Space Purchase $140,000 Transfers Out #339 - 3039 - 491 -91 -00 To CIP for Open Space $1400000 Water Quality Flood Protection Fund Adjustment: McCarrell Canyon #501 - 3052 - 431 -32 -00 Engineering � , •• ••• PASSED, APPROVED, AND ADOPTED THE 21St DAY OF FEBRUARY 2006. .Attest: Ci# Clerk State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, Carolynn Petru, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2006 -14 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on February 21, 2006. CW Clerk Resolution No. 2006 -14 Page 2 of 2